智通财经网·2025-08-06 05:43Core Viewpoint - Cathay Pacific Airways reported a decline in stock price despite a year-on-year increase in revenue and profit, indicating market concerns over its low-cost subsidiary's performance and future growth prospects [1] Financial Performance - The group revenue for Cathay Pacific reached HKD 54.309 billion, representing a year-on-year growth of 9.5% [1] - Shareholder profit amounted to HKD 3.651 billion, showing a slight increase of 1.1% year-on-year [1] - The interim dividend declared is HKD 0.20 per share [1] Subsidiary Performance - The wholly-owned low-cost airline, HK Express, reported a net loss before financial charges and tax of HKD 524 million for the first half of the year, compared to a profit of HKD 66 million in the same period last year [1] - The loss was attributed to passenger avoidance of traditional popular destinations like Japan due to earthquake rumors and the time required for new routes to mature [1] Aircraft Acquisition - Cathay Pacific announced the exercise of a purchase option under a 2013 subscription agreement to acquire 14 Boeing 777-9 aircraft, with a basic price of approximately USD 8.1 billion, equivalent to about HKD 63.2 billion [1] - The airline expects significant price discounts from the manufacturer, which will lower the actual cost compared to the basic price [1]